fear of floating
situation in which a country prefers a fixed exchange rate to a floating exchange rate regime
en-GB/ˈfɪə əv ˈfləʊtɪŋ/
en-US/ˈfɪɹ ʌv ˈfloʊtɪŋ/
situation in which a country prefers a fixed exchange rate to a floating exchange rate regime